Borrowing Money for Information Services
With these loans for information services, the SBA guarantees the lender that the loan will be repaid. This information services loan for $100,000 was given to a Wisconsin entrepreneur in 2007.
Getting a small business loan in Marathon, Wisconsin was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Wausau, operating out of Wausau, Wisconsin. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: INFORMATION SERVICES
MARATHON, WI 54448
SBA Loan Lender
BANK OF WAUSAU
2010 STEWART AVE
WAUSAU, WI 54401
This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
514199 - Information Services
Loan Approval Date
9/19/2007
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 10 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start business in Marathon WI, you ought to talk with a local Marathon SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Marathon businesses.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bank Of Wausau that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.
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